Freeport-McMoRan is a copper business based in the US. Freeport-McMoRan stocks (FCX.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $41.62 – a decrease of 7.01% over the previous week. Freeport-McMoRan employs 24,500 staff and has a trailing 12-month revenue of around $21.2 billion.
How to buy shares in Freeport-McMoRan
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – FCX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Freeport-McMoRan?
- Has coronavirus impacted Freeport-McMoRan shares?
- Freeport-McMoRan shares summary
- Compare share dealing platforms
- Is Freeport-McMoRan stock a buy or sell?
- Freeport-McMoRan performance over time
- Is Freeport-McMoRan suitable for ethical investing?
- Are Freeport-McMoRan shares over-valued?
- Freeport-McMoRan's financials
- How volatile are Freeport-McMoRan shares?
- Does Freeport-McMoRan pay a dividend?
- Have Freeport-McMoRan shares ever split?
- Other common questions
Freeport-McMoRan stock price (NYSE:FCX)Use our graph to track the performance of FCX stocks over time.
Freeport-McMoRan shares at a glance
|Latest market close||$40.99|
|52-week range||$24.47 - $45.75|
|50-day moving average||$39.48|
|200-day moving average||$37.61|
|Wall St. target price||$42.80|
|Dividend yield||$0.225 (0.68%)|
|Earnings per share (TTM)||$2.64|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Freeport-McMoRan stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Freeport-McMoRan price performance over time
|1 week (2022-01-14)||-7.01%|
|1 month (2021-12-22)||2.12%|
|3 months (2021-10-22)||8.81%|
|6 months (2021-07-22)||17.79%|
|1 year (2021-01-22)||34.44%|
|2 years (2020-01-22)||232.71%|
|3 years (2019-01-22)||231.10%|
|5 years (2017-01-20)||164.28%|
Is Freeport-McMoRan under- or over-valued?
Valuing Freeport-McMoRan stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Freeport-McMoRan's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Freeport-McMoRan's P/E ratio
Freeport-McMoRan's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Freeport-McMoRan shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Freeport-McMoRan's PEG ratio
Freeport-McMoRan's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Freeport-McMoRan's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Freeport-McMoRan's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $9.5 billion.
The EBITDA is a measure of a Freeport-McMoRan's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$21.2 billion|
|Operating margin TTM||35.24%|
|Gross profit TTM||$4.3 billion|
|Return on assets TTM||10.6%|
|Return on equity TTM||24.27%|
|Market capitalisation||$64.7 billion|
TTM: trailing 12 months
Freeport-McMoRan's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Freeport-McMoRan.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Freeport-McMoRan's total ESG risk score
Total ESG risk: 38.4
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Freeport-McMoRan's overall score of 38.4 (as at 01/01/2019) is pretty weak – landing it in it in the 82nd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Freeport-McMoRan is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Freeport-McMoRan's environmental score
Environmental score: 17.07/100
Freeport-McMoRan's environmental score of 17.07 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Freeport-McMoRan is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Freeport-McMoRan's social score
Social score: 11.57/100
Freeport-McMoRan's social score of 11.57 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Freeport-McMoRan is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Freeport-McMoRan's governance score
Governance score: 6.25/100
Freeport-McMoRan's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Freeport-McMoRan is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Freeport-McMoRan's controversy score
Controversy score: 4/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Freeport-McMoRan scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Freeport-McMoRan has a damaged public profile.
Freeport-McMoRan share dividends
Dividend payout ratio: 14.64% of net profits
Recently Freeport-McMoRan has paid out, on average, around 14.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Freeport-McMoRan shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In Freeport-McMoRan's case, that would currently equate to about $0.225 per share.
While Freeport-McMoRan's payout ratio might seem low, this can signify that Freeport-McMoRan is investing more in its future growth.
Freeport-McMoRan's most recent dividend payout was on 1 February 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 January 2022 (the "ex-dividend date").
Have Freeport-McMoRan's shares ever split?
Freeport-McMoRan's shares were split on a 2:1 basis on 2 February 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Freeport-McMoRan shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Freeport-McMoRan shares which in turn could have impacted Freeport-McMoRan's share price.
Freeport-McMoRan share price volatility
Over the last 12 months, Freeport-McMoRan's shares have ranged in value from as little as $24.4705 up to $45.7546. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Freeport-McMoRan's is 2.0699. This would suggest that Freeport-McMoRan's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2020, it operated approximately 165 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc.
Freeport-McMoRan in the news
Shorehaven Wealth Partners, LLC Buys WisdomTree U.S. LargeCap Dividend Fund, iShares J.P. ...
What Makes Freeport-McMoRan (FCX) a New Strong Buy Stock
Carnegie Capital Asset Management, LLC Buys Coinbase Global Inc, GXO Logistics Inc, Upstart ...
Frequently asked questions
More guides on Finder
Go Auto Review
Use Go Auto to shop for new or used vehicles from multiple dealerships, with no hidden fees and access to bad credit financing.
How to buy Aritzia stock in Canada
Steps to owning and managing Aritzia (ATZ) stock, with 24-hour and historical pricing before you buy.
CI Direct Trading review
Get low fees and access many different types of accounts, platforms and investments with this reputable online broker.
Hifi Finance (MFT) price prediction
Read our expert analysis on Hifi Finance and how the token will perform in the future.
Kusama (KSM) price prediction
Read our expert analysis on Kusama and how the token will perform in the future.
How to buy The Sandbox (SAND) in Canada
This guide provides step-by-step instructions on how to buy The Sandbox, lists some exchanges where you can get it and provides daily price data on SAND.
COVID testing stocks
We’ve rounded up stats on some of the most popular COVID testing stocks, along with information on how they compare and how to invest.
Shiba Inu (SHIB) price, history and performance
This guide explores the different ways of buying Shiba Inu on a cryptocurrency exchange as well as where you should store your cryptocurrency.
Baby Doge Coin (BABYDOGE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Baby Doge Coin, lists some exchanges where you can get it and provides daily price data on BABYDOGE.
Pendle (PENDLE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Pendle, lists some exchanges where you can get it and provides daily price data on PENDLE.